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Daily (19.09.2017): European carbon contracts traded 3% down on Monday on lower coal and power prices
Crude oil prices dropped slightly on Monday, but remained close to recent highs as traders braced for a potential stockpile build, likely to occur later this week.
read more... 19/09/2017
Finland will close most of coal power industry and will increase carbon taxes in 2018
Finland has a goal to get rid of coal as an energy source by 2030. To achieve this new legislation will be approved next year, imposing a ban on the coal plants, however leaving "room for maneuver" to ensure the security of supply. Some coal-fired power plants could still be available, to avoid the risk of blackouts.
read more... 01/09/2017
Coal-generated power hit 135-year low in UK
Last month coal reached a historical low in the UK’s total energy mix, contributing only 2%, or the lowest level in the last 135 years. On the other side, gas-fired power represented around 40% of the total energy in the UK, nuclear power made up 32% and renewables accounted for 18%.
read more... 30/08/2017
Adani will start constructions of its Carmichael coal mine in October
Indian mining company Adani has disclosed that works on the Carmichael coal mine in Queensland will start in October, and the first coal from the mine will be received in March 2020. The overall cost of the project will reach $16.5 billion.
read more... 29/08/2017
China: 6,000 non-coal mines to be shut down by 2020 to improve safety
China will close 6,000 non-coal mines in a try to reduce mining accidents and deaths by 2020, as stated by the State Administration of Work Safety in a five-year plan.
read more... 28/08/2017